PPP Loan information for Mb corp & associates dba mbc aerosol

$425,000

Mb corp & associates dba mbc aerosol was initially approved for PPP Loan of amount $425,000, the current approved amount is $425,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 21 jobs and $425,000 was used to fund payroll.

Mb corp & associates dba mbc aerosol is Existing or more than 2 years old

PPP Loan Search / IL / ELGIN / Mb corp & associates dba mbc aerosol

MB CORP & ASSOCIATES DBA MBC AEROSOL

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MB CORP & ASSOCIATES DBA MBC AEROSOL

Borrower Address

445 Renner Drive

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

425000.00

Current Approval Amount

425000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60123-0300

CD

IL-08

Jobs Reported

21

NAICS Code

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

64000.00

Payroll Proceed

300000.00

Mortgage Interest Proceed

0.00

Rent Proceed

35000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

428783.21

Forgiveness Date

03/25/2021

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